VIETNAM: PTT, Saudi Aramco get government OK for Vietnamese refinery & pc project

The USD 22-billion project includes a 400,000-b/d refinery and the production of about 5-million t/y of olefins and aromatics.

Construction is scheduled to start in 2016 with production planned to begin in 2021.

Source: Weekly "PetroChemical News", Durham, NC, USA; 6 Oct 2014
(Syed Rashid Ali, Karachi, Pakistan)